Altido London Limited

Altido London Ltd, based in London, UK, is a small holding company with an active status, having been founded ten years ago in 2014. The company employs thirteen people and holds assets worth £2,149,102. With three directors and one owner, it maintains a real address and boasts a stellar 5.0 Google rating from 168 reviews. It’s an irregular importer, primarily dealing in electrical machinery and equipment, with its last import operation recorded one month ago in April 2023.

Altido London Ltd operates within the holiday and collective accommodation industries, offering serviced apartments and vacation rentals through its website, Joivy. The site highlights destinations across Portugal, Italy, and the UK, showcasing properties and emphasizing local knowledge, best rate guarantees, and a focus on customer service. The website also features a blog with travel tips and destination guides, and actively promotes its social media presence. It’s clear that the company is focused on attracting travellers and providing a curated vacation rental experience.

Financially, Altido London Ltd’s recent performance presents a mixed picture. While current assets increased by 45% to £2,100,000, net assets took a significant hit, plummeting 95% to just £20,000. Bank borrowings remained relatively stable, but trade debtors increased dramatically, suggesting potential challenges in collecting payments. Despite this, creditors decreased slightly, indicating improved debt management. The company meets the criteria for a small company, with turnover under £10.2 million and fewer than 50 employees. The lack of an auditor mentioned likely stems from its small size, meaning the figures are unaudited.

Overall, Altido London Ltd appears to be navigating a period of change. While its vacation rental business seems to be performing well, the significant decrease in equity raises questions about its long-term financial health. The company’s focus on customer service and curated travel experiences may help it weather these challenges, but close monitoring of its financial performance will be essential.

Registered in England/Wales under the registration number 09078127, with a registered address at WC1H 9BB, England, London, Hamilton House, Mabledon Place.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.